Oberoi Realty's Net Profit Rises By 8% For Q3FY20

New Delhi: Oberoi Realty Ltd’s consolidated net profit increased by about 8 percent to Rs 148.24 crore for the third quarter of the current fiscal as compared to Rs 137.93 crore in the same quarter of the previous fiscal.

The total income of the company, however, dropped by around 2 percent  jumped to Rs 536.53 in the third quarter of the ongoing fiscal as against Rs 548.79 crore in the same quarter of the previous fiscal, the company said in a regulatory filing.   

 The revenues from operation of the company remained almost flat at Rs 527.43 crore in the third quarter of the ongoing fiscal as compared Rs 528.62 crore in the same quarter of the previous fiscal.

The hospitality business of the company contributed Rs 38.44 crore to the revenues in the third quarter while real estate business contributed about 488.99 crore.

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